Have you ever felt confused when selecting bank codes for international money transfers? The correct use of SWIFT/BIC codes is crucial—not only does it ensure the secure arrival of your funds, but it also determines whether your transaction will be completed successfully. This article provides detailed information about the SWIFT/BIC code for STANDARD CHARTERED BANK (SINGAPORE) LIMITED and how to use it properly.
The SWIFT/BIC code for STANDARD CHARTERED BANK (SINGAPORE) LIMITED is SCBLSG22EQI . This alphanumeric combination precisely identifies the bank and its specific branch. The complete details are as follows:
- Bank Name: STANDARD CHARTERED BANK (SINGAPORE) LIMITED
- SWIFT/BIC Code: SCBLSG22EQI
- City: Singapore
- Address: 7 CHANGI BUSINESS PARK, CRESCENT, SINGAPORE, SINGAPORE, 486028
- Country: Singapore
Understanding SWIFT Codes in Modern Finance
In today's global financial transactions, SWIFT codes play a vital role by ensuring international transfers are processed quickly and accurately. When sending money abroad, using the correct SWIFT code is essential to guarantee that funds are transferred securely to STANDARD CHARTERED BANK (SINGAPORE) LIMITED. Always verify that the SWIFT code is current and valid before initiating any cross-border transaction to prevent unnecessary delays or complications.
Notably, SWIFT/BIC codes typically consist of 8 to 11 characters. The first five characters represent the bank code, while the sixth and seventh characters usually indicate the country code, with additional characters specifying particular branches. Understanding this structure can help you confidently select the right code when making transfers, ensuring your funds remain secure.
The Importance of Accuracy in International Banking
In an era of rapid global financial development, the precise use of SWIFT/BIC codes is both a user responsibility and a critical component of personal financial security. When you next initiate an international transfer, remember the details of SCBLSG22EQI to ensure your transaction proceeds smoothly and your funds remain protected.